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Gold Hits a Record High of $2,350/ounce (April 2024)

As of April 9th, 2024, gold prices have climbed to an all-time high over $2,350/ounce. While there are many reasons the price of gold might increase, the prevailing sentiment is that it is being caused by the market’s optimism towards the Federal Reserve cutting rates (although we’ll cover more reasons later). As inflation tames and the economy appears robust, the

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What is Gold Purity and How is it Measured? Comparing 24k, 22k, 18k, 14k, 12k, and 10k Gold

You’ve probably heard about 24k gold, but what exactly does it mean? And how is it different from 22k, 18k, 14k, 12k, and 10k gold? In this post, we’ll discuss different purities of gold, how they’re measured, what they’re worth, and what purity of gold is used in different circumstances.